Chris Witkowsky
NovaQuest Capital Management has closed its NovaQuest Pharma Opportunities Fund III on $459 million. Fund III is focused on providing structured finance solutions to biopharmaceutical companies. The NovaQuest team spun out of Quintiles Transnational Holdings in 2010.
Graphite Capital has sold talent acquisition and management services company Alexander Mann Solutions to New Mountain Capital for 260 million pounds. Graphite backed the management buyout of AMS in 2007.
As your Thursday opens, First Read brings you news about the Dark Mail Alliance, which claims to have developed a way to keep the government out of your email, the stunning financial collapse of a Brazilian tycoon and someone won the World Series last night.
As we close out your Wednesday, Second Opinion brings you news of Facebook beating Wall Street estimates, Kathleen Sebelius profusely apologizing and a question -- are the world's chat apps really worth $48 billion?
The Washington University in St. Louis Investment Management Company has hired veteran private equity executive Daniel Feder to run its private markets program, the endowment confirmed for peHUB.
Merlin Entertainments said on Wednesday it was offering its shares at between 280 pence and 330p each in its London listing, valuing the company at as much as 3.3 billion pounds ($5.3 billion).
Cambridge Associates has developed a benchmarking methodology designed to help institutional investors gauge performance of their private investment partnerships relative to publicly traded investments.
Patton Boggs has built a public finance practice and enhanced its private fund investment and infrastructure transactions capabilities with the addition of four attorneys. The firm has hired three lawyers in New York -- Alphonso Tindall, Jr., Sani Williams and Deborah Hartmann Henry, and one in Washington, DC -- Alethia Nancoo.
Executive recruiter Options Group International's co-president and chief financial officer Ike Suri resigned from the firm to launch a merchant bank, Pelican Point Capital Partners. Also, Gene Shen, managing partner, is leaving the firm to pursue other opportunities.
Hong Kong-based Gaw Capital Partners has closed its fourth China real estate fund, Gateway Real Estate Fund IV, on its hard cap of $1.025 billion. Fund IV is Gaw Capital's largest investment vehicle.